Dear Reader,
Today's overview of economic news and market action
- Risk appetite improved throughout last week, amid positive UK & US CPI data …
- A softening in market rate expectations also supported risk appetite …
- Against this backdrop, bond yields declined across the board …
- Currency-wise, the dollar handed back some of its recent gains …
- This sees EUR/USD open this morning at the $1.03 mark …
- GBP/USD is operating just north of $1.22 …
- EUR/GBP remains in the bottom half of 83-84p …
- Today, the focus is on President Trump’s Inauguration as President …
- Later this week, the flash PMIs for January are due …
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Today's Opening FX Rates
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|
% Change Day* |
End 2024 |
| EUR/USD |
1.0307 |
|
0.16 |
-0.44 |
| EUR/GBP |
0.8437 |
|
0.17 |
1.98 |
| GBP/USD |
1.2212 |
|
-0.02 |
-2.39 |
| GBP/EUR |
1.1846 |
|
-0.17 |
-1.94 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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